All this is aggravated in their minds by the appearance of a new middle
class arising from a different background and doing new and different
jobs. Its income, its expense accounts, its occasional lack of taste
stir the envy and anger of the old middle class.
What the old middle class asks from the government--and, through the
government, from the big trade unions and the big industrialists--is an
end to the rise in the cost of living which it, subsisting chiefly on
incomes that have not risen sharply, cannot meet. Directly it asks the
government for an end to punishing taxation and to "coddling" of both
the unions and the manufacturers.
The dilemma of the Conservative Party and its government is a serious
one. To lose the support of the old middle class will be dangerous,
even disastrous. For although the Tories have attracted thousands
of former Socialist votes in the last two elections, these do not
represent the solid electoral support that the old middle class has
offered.
Perhaps in time the government may be able to reduce taxation.
Before this can be done, it must halt inflation, expand constructive
investment in industry, and increase the gold and dollar reserves. Each
of these depends to a great degree on economic factors with world-wide
ramifications. The old middle class understands this and is justifiably
suspicious of "pie in the sky" promises.
Such suspicion is increased by the understanding of the other serious
long-term problems that British society faces. We need mention only
one in this context: how is Britain to maintain its present standards
of life and the present levels of government expenditure when it is
faced with the coming change in the age distribution of the population?
The steady fall in death rates and the low birth rates of the years
between the two world wars are beginning to increase the proportion
of elderly people, and thus to reduce the proportion of the working
population to the total population. The size of the age groups reaching
retirement age increases yearly. It is predicted, on the basis of
present population trends, that over the next fifteen years the
population of the working-age group will remain about the same but that
the number of old people, persons over sixty-five, will rise over the
next thirty years by about three million. At the same time the number
of children of school age is expected to increase.
Britain thus is faced with a steady increase in the number of the aged
who need pensions and medical care and the young who need medical care
and education. This charge will be added to the burdens already borne
by the working-age group.
Public-domain text, read in full here on John Shaqi.
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